Former print director Bunyard faces 12-year directorship ban

Infamous print director Myles Bunyard has been disqualified from being a director for 12 years due to his conduct while at several failed print companies.

Bunyard's disqualification started on 25 June 2009 and will run to 24 June 2021.

In its misconduct details relating to the disqualification, the Insolvency Service references AB Graphics (Slough) and CLPM Dot Com, formerly known as Alliance PM.

AB Graphics went into administration on 15 February 2006, while CLPM Dot Com went into administration on 20 April 2007.

Although Bunyard was at no point a shareholder or director at CLPM Dot Com or AB Graphics, the Insolvency Service claimed that he acted as a director of the companies, despite being an undischarged bankrupt between 25 July 2006 and 25 July 2007.

There were also a number of discrepancies regarding his conduct while at the companies. According to the Insolvency Service, he failed to register for or ensure that AB Graphics paid its VAT, Pay As You Earn and National Insurance contributions.

Once the companies went into administration, Bunyard also failed to ensure that accounting records were delivered to the administrators. As a result, "the administrators have been hampered in the administration", the Insolvency Service said.

It added: "AB Graphics accounting records delivered up to the administrator showed receipts from Slough's factors of £294,198, but its records do not show how those sums were expended.

"The administrator for CLPM Dot Com has failed to verify that cash withdrawals totalling £55,060 made between 11 October 2006 and 2 March 2007 were disbursed for CLPM's business purposes."

The Insolvency Service also reported that due to Bunyard's conduct, the Redundancy Payments Department rejected claims from staff at CLPM Dot Com for redundancy, resulting in a delay in payment.

Employees fought a year-long battle to prove their claim that CLPM Dot Com had not transfered to a new company, finally being granted the payments in August last year.

Bunyard most recently was involved at failed east London printer Capital Print and Display, where he briefly appeared as a director. The company went into administration shortly afterwards, with director David Gill and members of his family forced to pay back monies owed to the company last week.

Bunyard could not be reached for comment at this time.